Palm Springs, FL
Population 26,871 · Florida
About Palm Springs, FL
Palm Springs is a mid-sized city in Florida with a population of 26,871 residents. The median household income is $59,602 per year, which is near the national average. The median age in Palm Springs is 37.8 years.
Housing in Palm Springs has a median home value of $234,500 and median monthly rent of $1,597. Of the 9,822 total housing units, renting is more common than owning, with 4,135 owner-occupied and 4,592 renter-occupied units.
The unemployment rate in Palm Springs is 6.3% and the poverty rate is 12.4%. 15.9% of residents hold a bachelor's degree or higher. The average commute time is 26.4 minutes.
Cost of Living in Palm Springs, FL
Compared to national averages, Palm Springs has a median household income of $59,602 (21% below the national median of $75,149). Home values average $234,500, which is 4% below the national median. Monthly rent at $1,597 is 37% above the US average of $1,163. Within Florida, Palm Springs's income is 21% below the state average of $75,893, and home values are 34% below the state median of $353,675.
Why Live in Palm Springs, FL?
Palm Springs offers affordable housing with a median home value of $234,500, below the US average of $244,900.
Potential considerations include median household income ($59,602) that falls below the national average. However, Palm Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palm Springs has a population of 26,871 with a median age of 37.8 years. Compare Palm Springs with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Palm Springs
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Leisure City | 26,917 | $48,640 | $333,100 | Compare |
| Temple Terrace | 26,922 | $65,756 | $306,200 | Compare |
| Lutz | 26,731 | $114,516 | $451,800 | Compare |
| Keystone | 26,723 | $155,365 | $604,800 | Compare |
| Palm River-Clair Mel | 26,719 | $62,976 | $244,100 | Compare |
| Wright | 27,233 | $67,077 | $270,700 | Compare |
| Venice | 26,467 | $74,340 | $381,400 | Compare |
| Silver Springs Shores | 27,556 | $60,543 | $181,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Palm Springs
What is the population of Palm Springs, FL?
The population of Palm Springs, FL is 26,871 according to the latest Census data.
What is the median household income in Palm Springs?
The median household income in Palm Springs, FL is $59,602 per year.
What is the median home value in Palm Springs?
The median home value in Palm Springs, FL is $234,500.
What is the average rent in Palm Springs?
The median monthly rent in Palm Springs, FL is $1,597.
What is the unemployment rate in Palm Springs?
The unemployment rate in Palm Springs, FL is 6.3%.